Ihi Corp (OTCMKTS:IHICY) Short Interest Down 56.3% in July

Key Points

• Ihi Corp experienced a significant decrease in short interest, dropping to 700 shares as of July 31st, down 56.3% from 1,600 shares on July 15th.
• The company's latest earnings report on August 6th showed EPS of $0.13, which missed analysts' expectations of $0.20 by $0.07.
• Ihi Corp's stock price recently traded at $29.99, reflecting its 12-month high of $30.47 and a market capitalization of $18.16 billion.

Ihi Corp (OTCMKTS:IHICY - Get Free Report) saw a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 700 shares, adeclineof56.3% from the July 15th total of 1,600 shares. Based on an average trading volume of 3,400 shares, the days-to-cover ratio is presently 0.2 days. Currently,0.0% of the shares of the stock are sold short. Currently,0.0% of the shares of the stock are sold short. Based on an average trading volume of 3,400 shares, the days-to-cover ratio is presently 0.2 days.

IHI Price Performance

Shares of OTCMKTS IHICY traded up $0.0145 during trading on Friday, reaching $27.44. The company had a trading volume of 14,155 shares, compared to its average volume of 15,072. IHI has a twelve month low of $10.5948 and a twelve month high of $30.47. The stock has a market capitalization of $16.61 billion, a PE ratio of 23.66 and a beta of 0.80. The stock has a 50-day moving average price of $27.47 and a two-hundred day moving average price of $21.98. The company has a current ratio of 1.16, a quick ratio of 0.77 and a debt-to-equity ratio of 0.73.

IHI (OTCMKTS:IHICY - Get Free Report) last released its quarterly earnings results on Wednesday, August 6th. The company reported $0.13 earnings per share for the quarter, missing analysts' consensus estimates of $0.20 by ($0.07). IHI had a return on equity of 22.43% and a net margin of 6.50%.

About IHI

IHI Corporation designs and builds engineering solutions in Japan and internationally. The company operates through four segments: Resources, Energy and Environment; Social Infrastructure; Industrial Systems and General-Purpose Machinery; and Aero Engine, Space and Defense. The company engages in the manufacturing, sale, and provision of services related to power systems plants for land use and power systems for chips; carbon solutions comprising boilers and storage facilities; components for nuclear power plants; bridges and water gates, transport systems, shield systems, and concrete construction materials; vehicular turbochargers, parking, heat treatment and surface engineering; transport machineries; logistics and industrial systems; and rotating machineries comprising compressors, separation systems, and turbochargers for ships.